Skip to main content.
Religion News Blog is a non-profit service providing academics, religion professionals and other researchers with religion & cult news
ReligionNewsBlog

Religion news articles about religious cults, sects, world religions, and related issues

Navigation:
Home | Site Menu | About RNB | RNB Store | Cult FAQ | Cult Experts | Apologetics Index | Cult Information Search Engine
A Random Image
More articles about: Mannatech:

Finkelstein Thompson LLP Announces Mannatech, Inc. Investigation

PRNewswire, via CNNMoney.com, USA
July 16, 2007 Press Release
money.cnn.com

ReligionNewsBlog.com • Tuesday July 17, 2007

WASHINGTON, July 16 /PRNewswire/ — Finkelstein Thompson LLP is currently investigating potential shareholder claims against Mannatech, Inc. (“Mannatech” or the “Company”).

On July 5, 2007, Texas Attorney General Greg Abbott filed a complaint against Mannatech in the Travis County District Court.

The complaint, which accuses the Company of illegal and deceptive marketing practices, stems from an investigation started by state authorities in October 2006.

Texas has alleged that Mannatech and its affiliates made exaggerated and unsupported claims about the therapeutic benefits of its dietary supplements and nutritional products without proper regulatory clearance.

On July 6, 2007, Mannatech’s share price responded sharply to this news, plunging over 23% or $3.75 to close at an 11-month low of $12.25.

If you are a current Mannatech shareholder, you may have suffered losses. If you wish to discuss your rights as an investor or have any information relevant to this investigation, please contact Finkelstein Thompson LLP in Washington, DC, toll free, at (877) 337-1050.

Bookmark share or email this Religion News Blog page Bookmark, Share, or Email This Page

 

Read another article Read Another Article

Tags and keywords for this Apologetics Index entry Related News Articles

arrow Topic(s): Mannatech
arrow

RSS Feed Subscribe to Religion News Blog updates

Religion News Find Related Information

Use our custom search engines to find additional research resources on religions and cults:
arrow ApologeticsSearch.com: Search for apologetics articles, books, videos, and other research resources across 135 Christian apologetics websites and blogs.
arrow CounterCultSearch.com: Search for information about (religious) cults, cult-like organizations, and cults experts -- as well as paranormal-, New Age, and pseudoscientific claims -- across 260+ websites, blogs and forums dedicated to cult research, spiritual abuse, ex-cult counseling & support.

Religion News Find Related Religion & Spirituality Books at Amazon.com

Religion News Possibly related... or Most Popular Religion News Articles

Religion News Search Search Religion News Blog